Dec 14, 2012 3:00am PST
will be under nato control. washington sets up the insurance exchangings under obama care. so far 23 states opted out meaning that the federal government will have to run it for them. 19 will have state run exchanges and six plan on partnering with the fids and virginia and florida are the only two states that have not made a decision. we are 18 days from going over the fiscal cliff and president and john boehner hard at work to avirt a disaster. they met at the white house for 50 minutes. neither side would go in details, but the mighting came hours after speaker boehner critized the president for an unwillingness to compromise. >> the president promised the american people a balanced approach, his proposals are anything but. he wants far more in tax hikes than spending cuts. boehner said talks were doing great. do you feel the need for speed ? that is forevermore wwe wrestler. u.s. navy let him take a ride in the fighter jet for the annual tribute for the troops. how fast did he g. he went 900 miles per hour. don't worry. they made him go through training. i wonder if he had the barf bad.
Dec 14, 2012 1:00pm EST
comes out of washington, if anything. of course, mr. boehner has gone back to his home in ohio for the weekend. the president is on duty at the white house. there are phones, as mr. boehner said, in southern ohio where he lives. if there are any developments, the two gentlemen certainly will be able to get in touch with one another. meantime, there are some individual stock stories of interest at this hour. and one of them concerns facebook. be a facebook lockup expires today and 150 million shares will open up on the market. the last time we had a lockup expiration many expected to see the stock drop. instead, it rallied. right now, no, not so much. facebook down about 89 cents so 3% at 2735. but it is up about 25% over the past three months. julia has the details for us from washington. >> tyler, this is the fourth of five lockup expiration periods. today's potential sellers could also sell in ipos. we shouldn't see any pent up demand to sell. facebook shares are dropping today, off about 3 percent percent as you mentioned. a bit of profit taking after the company's massive r
Dec 14, 2012 9:00am EST
big thing is no vacation without legislation. >> right. >> the "washington post" said as of last night, the halls of the capital were virtually deserted. >> cody's the only guy working there. that's embarrassing, isn't it? >> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get into a very virtuous cycle mode. david, it is not about the small businessman. the little businessman doesn't do well unless the big businessman does well. >> who are they selling to? >> honeywell just hired 200 people. >> no doubt about it. >> the opening bell here at the new york stock exchange for a friday. top of the screen, the s&p 500. nasdaq, avago technologies. >> single-family rentals, homes for
Dec 13, 2012 5:00pm PST
dealing with a line-up for the washington nationals. you've got a string of great players, just trying to figure out the right batting order. kerry could be secretary of state. hagel could become secretary of defense. you could see jack lew the current chief staff move over to the secretary of treasury. tom donelan move over to be chief of staff and then there's the natural opening for susan rice. she becomes national security advisor, close to the president. back in the washington mix and in a position to still help the president execute his policies. >> eliot: joe, i was with you on everything you said except the baseball metaphor. we in new york forget you have a baseball team in washington. a moment transitory time to have a team that can play above .500. did john mccain know about this before it was announced publicly? did white house call him and say okay john, you win this one but we want something back. we're going to give this to you. be gracious but here's what we expect in terms of a, b or c? what do you thi
Dec 14, 2012 11:00am EST
this every time in washington. it gets to people after a while. regular people who just hear about it. even if it does not affect them that much. they just start to think, the government cannot do anything right. say they do. say they cut a deal. they come up with some sort of fiscal cliff solution, if you can call it that. what does the economy look like dead? >> i think that regardless of a solution, i think the economy will pick up. it is like a speed trap. you will slow down to some ridiculous slow speed when you go through that town. once you know what the rules of the roads are, you will come back through a little bit faster. connell: what are the things that we are doing right? >> well, the one area that is really picking up is homebuilding. homebuilding will do better. it will do better next year in a matter what happens in the economy. the inventory of new homes is that in inventory low. even if sales pulled even, construction will pick up. i am trying to balance that optimism with the reality when you look at past recessions, recessions are typically caused by policy mistakes. the
Dec 14, 2012 5:00am PST
of year fiscal cliff. no progress to report. coming up at 5:15 the new strategy our washington, d.c. newsroom is hairing about that involve -- that is hearing about that involves sending the country over the fiscal cliff. >>> sal is back. he's ready to tell us about our friday morning. >> you know it actually is off to a very nice start. we were look at some of that road work. it's been picked up in many areas if that is very good news. also checking in with public transportation. so let's go outside and take a look at 80 westbound as you head out to the mccarthur maze. no major problems here and it looks good from vallejo all the way to berkeley and the bay bridge toll plaza and. and a lot of people want to know what the toll plaza looks like. san jose and the santa clara valley northbound 101 and 280 doing very well. northbound 17 traffic also looks very well. it is 5:07 let's go to steve. >>> sal. i just had my first tweet from cal hollow. >> really? >> well i love getting information from the city. all the little neighborhoods. always tweet me sp weather if it's raining or clo
Dec 13, 2012 6:00pm PST
... ...a social worker from bellevue, washington... ...and our returning champion, a computer-chip designer from berlin, massachusetts... and now here is the host of "jeopardy!" -- alex trebek! thank you, johnny. ladies and gentlemen, welcome. our champion, alistair bell, was born just outside of london in england and is now an american citizen and surprised a lot of people yesterday on our show by hiericana.dge how will he do today against the j's -- judy and john? welcome aboard, you two. and good luck to all three. here we go. the jeop of amround. let's start finding out what you know about these subjects. a little bit ardy! everything there.